PacWest sells $3.5 billion loan portfolio to PE firm Ares
(Reuters) – PacWest Bancorp has sold a $3.5 billion specialty finance loan portfolio to Ares Management (NYSE:ARES), in an attempt…
Carmakers owe compensation for emissions cheating devices, German court rules
(Reuters) – Carmakers must pay compensation for diesel vehicles fitted with illegal emissions controlling devices, Germany’s highest federal court ruled…
Starbucks strike over Pride decor follows LGBTQ anger on hours, benefits
(Reuters) – Workers at dozens of U.S. Starbucks (NASDAQ:SBUX) locations held strikes on Sunday to express their outrage over accusations…
4 big analyst cuts: Tesla stock no longer a Buy at Goldman Sachs
Tesla downgraded at Goldman Sachs Goldman Sachs downgraded Tesla (NASDAQ:TSLA) to Neutral from Buy with a price target of $248.00…
Moderna gains as UBS upgrades on ‘underappreciated’ pipeline
UBS analysts upgraded Moderna (NASDAQ:MRNA) shares to Buy from Neutral with the price target of $191 per share (down from…
Marketmind: World markets calm after Russia drama
A look at the day ahead in U.S. and global markets from Mike Dolan. More perplexed by events than anything…
IBM in advanced talks to acquire software firm Apptio for $5 billion – WSJ
International Business Machines (NYSE:IBM) is reportedly in advanced talks to buy software firm Apptio in a deal worth around $5…
Stocks down, gold up after aborted Russian mutiny ignites safe-haven push
(Reuters) – Global shares fell, while gold rose after an aborted uprising by Russian mercenaries raised questions about the authority…
Dollar surges to 15-month high against Russia’s rouble on aborted mutiny
(Reuters) – The U.S. dollar rose to a 15-month high against the rouble on Monday after dramatic weekend events in…
Oil rises on supply concerns fuelled by Russian political turmoil
(Reuters) – Oil prices rose on Monday after a revolt by Russian mercenaries over the weekend raised concerns about political…